Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment, Net

v3.25.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 4 - PROPERTY AND EQUIPMENT, NET

 

Composition of assets, grouped by major classifications, is as follows:

 

    As of December 31,  
    2024     2023  
             
Computers and software     302       525  
Laboratory equipment     5,476       3,715  
Equipment and furniture     318       154  
Leasehold improvements     4,448       2,989  
Total property and equipment     10,544       7,383  
Less: Accumulated depreciation and amortization     (5,499 )     (3,481 )
Total property and equipment, net     5,045       3,902  

 

Depreciation expenses were $1,803 and $871 in the years ended December 31, 2024 and 2023, respectively. The Company incurred an impairment loss to its leasehold improvements of $530 associated with its right-of-use asset for the year ended December 31, 2024. Refer to Note 11 for additional information.